More and more tourists are using public transport. In the first three months of 2023, Horários do Funchal sold 15,113 ‘Multidias/Kit Turista’, up 106% compared to the first quarter of 2019, when 7,332 units were sold. 42,234 of this type of bus ticket were sold last year, which allows the…
Posts tagged as “increase”
The Regional Government approved an increase of the minimum salary for the Region to 723 € as of January 2022. Around 11% will be deducted as the employee’s share for Social Security. Around 70% of Portuguese workers receive such a minimum salary. In many companies, it is not usus to…
The annual income limit for self-employed workers who are VAT exempt increases from €10,000 to €12,500. The uplift was approved by the General Assembly as part of the belatedly approved 2020 State Budget. Dennis Swing Greene info at madeira-weekly.com